Equity Real Estate Investment Trusts (REITs)

Suntec Reit

Suntec Reit to Release FY2026 Q1 Earnings on April 23 After-Market SGT

Hong Kong Land Acquires 10.8% Stake in CDL Hospitality Trusts from ESR at SGD541 Million

Acrophyte Asset Management Acquires 100% Equity of Sino-Ocean Reit Management Company

Suntec Reit released FY2025 annual earnings on January 22 After-Market (SGT), actual revenue SGD 599.87 M (forecast SGD 468.81 M), actual EPS SGD 0.0539 (forecast SGD 0.0568)

Suntec Reit released FY2025 Q4 earnings on January 22 After-Market (SGT), actual revenue SGD 160.64 M, actual EPS SGD 0.0354

Suntec Reit released FY2025 Q3 earnings on January 22 During-Market SGT, actual revenue SGD 160.64 M, actual EPS SGD 0.0354

Suntec Reit released FY2025 9 Months Earnings on January 22 During-Market (SGT), with actual revenue of SGD 375.1 M and EPS of SGD 0.0139

Suntec Reit to Release FY2025 Earnings on January 22, 2026, After-Market SGT; Forecast Revenue SGD 468.81 M, EPS SGD 0.0568

Suntec Reit to Release FY2025 Q3 Earnings Report on October 23 During-Market SGT

Suntec Reit released FY2025 Semi-Annual Earnings on July 24 After-Market (SGT), actual revenue SGD 278.59 M, actual EPS SGD -0.0173

Suntec Reit released FY2025 Q1 earnings on July 24 After-Market (SGT), actual revenue SGD 139.3 M, actual EPS SGD -0.0086

Suntec Reit released FY2025 Q2 earnings on July 24 After-Market SGT, actual revenue SGD 139.3 M, actual EPS SGD -0.0086

Suntec Reit to Release FY2025 Semi-Annual Earnings on July 24, 2025 (SGT)

Suntec Real Estate Trust Issues S$250 Million Subordinated Perpetual Securities

Suntec Real Estate Trust Issues S$250 Million Fixed Rate Subordinated Perpetual Securities

Singapore Office REITs Show Resilience in Q1 2025

Suntec REIT reports Q1 2025 Distributable Income and DPU Growth

CDP Trust Reports Q1 2025 Growth

Suntec Reit FY2025 Q1 Earnings Release on April 24 After-Market SGT

Surge Holdings' Short Positions Significantly Increased in March

CityDev MBeCW260930

SingtelMBeCW261030

Teho

Meta Health

DBS MB eCW260730

OCBC Bk MB eCW260930

TencentMBeCW261005

DBS MB eCW260929

T82U

Hongkong Land has announced a strategy to double its underlying profit before interest and tax, double dividends per share, recycle up to US$10 billion in capital, and grow assets under management to US$100 billion by 2035. The company has sold its property development business, MCL Land, to Sunway Group and launched the Singapore Central Private Real Estate Fund (SCPREF), with founding investors Qatar Investment Authority and APG Asset Management.

Businesstimes News

HongkongLand USD

HONG KONG LAND

Will Hongkong Land seek to control the manager of Suntec Reit or the trust’s most prized properties?

Phillip Securities analyst Darren Chan has reiterated a Buy rating on Suntec REIT (SURVF) due to strong core operations in Singapore, high occupancy rates, and attractive yields at a discount to net asset value. The 1Q26 distribution per unit increased significantly, supported by lower financing costs and robust contributions from Singapore's office and retail sectors. Chan highlights the REIT's stable cash flows and management's strategy to divest foreign properties to maintain leverage. DBS also maintains a Buy rating with a S$1.60 price target.

- Analyst Darren Chan from Phillip Securities maintains a bullish outlook on SURVF stock, issuing a buy rating on April 24.  
- Chan cites the resilience of Singapore's core business and healthy distribution growth as key reasons, notably the significant year-over-year increase in Q1 2026 distributions due to lower financing costs and strong contributions from office and retail assets.  
- Additionally, despite underperforming overseas assets, high occupancy rates in Singapore ensure stable cash flow, with management planning to divest foreign properties to maintain leverage around 40%.

Tip Ranks

Keppel DC Reit

CapitaLandInvest

PRIME US REIT USD

Darren Chan Reiterates Buy on Suntec REIT, Citing Strong Singapore Core, High Occupancy and Attractive Yield at NAV Discount

On April 24, several companies in Singapore reported significant developments affecting their stock performance. ST Engineering's shares fell 2% despite CEO stating the Middle East war's impact is minimal. CICT reported a 7.9% rise in net property income, while CLI secured a S$2.4 billion investment mandate. Suntec Reit saw a 23.9% increase in distribution per unit. Sheng Siong anticipates margin improvement but faces cost pressures. FCT's DPU rose 1.4%, and Clint's property income increased in rupee terms but fell in SGD. ESR-Reit's NPI declined, and PropNex faced a lawsuit withdrawal. iFast's net profit surged 47.3%.

ST Engineering

CapLand IntCom T

Sheng Siong

Frasers Cpt Tr

CapLand India T

ESR REIT

PropNex

IFAST

ESR-REIT

Stocks to watch: ST Engineering, CICT, CLI, Suntec Reit, Sheng Siong, Frasers Centerpoint Trust, Clint

Suntec REIT's first-quarter distribution per unit increased by 23.9% year-on-year to 1.936 cents, with distributable income rising by 24.8% year-on-year to SGD 57.3 million. The strong performance was attributed to the operational performance of its office and retail property portfolio in Singapore, reduced financing costs, and a decrease in withholding tax provisions in Australia. Total revenue for the first quarter increased by 1.9% year-on-year to SGD 115.6 million, while net property income slightly rose by 0.3% to SGD 77.3 million. The trust will distribute dividends on May 29, with the stock registration deadline set for May 4

Zaobao

Suntec Reit's first-quarter distribution per unit increased by 24% to 1.936 cents | Lianhe Zaobao

K71U

Suntec Reit anticipates near-term pressure on convention bookings due to global uncertainty following the Iran war. The Singapore Exchange reported a record high of S$19 billion in total assets for ETFs in Q1. Keppel Reit’s Q1 distributable income rose 19.7% to S$57.9 million. Analysts recommend buying CICT shares after its Paragon acquisition. The maritime industry is urged to invest in new capabilities to tackle cyberthreats and AI adoption, according to Transport Minister Jeffrey Siow. Johor has delayed the JS-SEZ blueprint for further refinements, targeting a launch in H1.

Keppel Reit

Keppel

Daily Debrief: What Happened Today (Apr 21)

Suntec Reit anticipates near-term challenges for its convention business due to slower booking momentum at the Suntec Singapore Convention and Exhibition Centre. The global uncertainty, particularly following the Iran war, has led corporates to adopt a cautious approach, resulting in slower confirmations for events. While there have been no immediate cancellations, the manager noted potential long-term impacts, including increased costs for event organizers and delegates, which may further affect demand for MICE activities.

Suntec Reit flags near-term pressure on convention business as bookings slow in wake of Iran war

AJBU

LB Select

YZJ Shipbldg SGD

Olam

StarHub

Stocks to watch: SIA, Yangzijiang Shipbuilding, Keppel DC Reit, Suntec Reit, Olam Group, StarHub

Suntec Reit may inject 9 Penang Road into its portfolio. Singapore developers sold 1,300 private homes in March, a 78.3% increase from last year. Indonesia is considering importing Russian crude to address energy subsidy issues. Analysts suggest construction and defense sectors in Singapore could be impacted by geopolitical tensions. A report indicates older millennials and Gen X in Singapore are increasingly investing in cryptocurrency. Changi Airport is redeveloping its private terminal and expanding amenities in Terminal 2.

UBS Group AG

Daily Debrief: What Happened Today (Apr 15)

Suntec Reit(T82U.SG)